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Business Tax

Selling Shares in a Company

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Tax Clinic - Business Tax
Written by Mark McLaughlin CTA (Fellow) ATT TEP   
Wednesday, 04 June 2008 20:00
When it comes to tax planning, if it seems too good to be true, it usually will be! This month's Tax Clinic deals with an idea to extract profits from a company at Capital Gains Tax rates, rather than the higher rate of income tax applicable to salary or dividends. 
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Goodwill Write-off After Incorporation From Self-Employed

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Tax Clinic - Business Tax
Written by Mark McLaughlin CTA (Fellow) ATT TEP   
Saturday, 03 May 2008 11:04

This month's Tax Clinic looks at the circumstances in which a company may be able to claim a deduction for the cost of goodwill, where it is purchased from a related party, such as a sole trader or partnership following incorporation.

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Overdrawn Loan Account

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Tax Clinic - Business Tax
Written by Mark McLaughlin CTA (Fellow) ATT TEP   
Saturday, 02 February 2008 06:08
Operating through a limited company can be a tricky business, as this month's Tax Clinic query indicates.
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